The former Nintendo saw an increase in his net worth in part due to all of those Nintendo shares he still owns.

Forbes Asia magazine compiled a list of the 40 richest Japanese, and former Nintendo president Hiroshi Yamauchi ranked in at number three with net worth of $4.8 billion.

Last year, the magazine put him at position 14. The 11-spot jump was due to Nintendo's skyrocketing stock value, stock that Yamauchi still owns a lot of. Yamauchi retired from Nintendo in June 2005 after 55 years at the company.

Availability begins in July with 60 games planned for 2007.

Answering cries from the Land Down Under, Hudson is making their Turbografx titles available on Virtual Console, making it the first time its games are available in that region. As in other regions, TurboGrafx games will cost 600 Wii points.

Service begins on July 6th with Bonk's Adventure and... Read more...

Top execs have decided not to follow Nintendo to San Francisco or New York.

Three top executives and 90% of Sales and Marketing staff at Nintendo of America have decided not to relocate to New York or San Francisco when the division moves later this month. George Harrison, Senior Vice President of Marketing and Corporate Communications, Beth Llewelyn, Senior Director of Public... Read more...

The state's attorney general has learned of the game's violent nature...from a certain notorious lawyer.

Industry gaming blog GamePolitics.com has learned that Florida Attorney General Bill McCollum has taken notice of Rockstar's Manhunt 2, specifically the Wii version, because it will likely incorporate motion controls that mimic acts of violence, like stabbing or clubbing. In a statement released... Read more...

A former Activision executive will head EA's venture into the world of "highly accessible games."

EA Appoints Kathy Vrabeck to Lead EA Casual Entertainment

New Group to Focus on Lighter Games for Family and New Consumers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ:ERTS) today announced the formation of EA Casual Entertainment, dedicated to developing and publishing... Read more...

Presenting a new forum feature and a chance to win a prize!

We're starting a new forum feature here at Nintendo World Report: The NWR Community Hot Topic! Every Tuesday, we'll put up an open-ended hot topic question as a forum thread for you to debate and discuss with your fellow NWR readers. Great, well-thought out responses will be highlighted in a weekly... Read more...

Developer Milestone seeking to release it in North America on Wii.

Radio Allergy was to be the GameCube's last game, but it kept missing its proposed release dates in February, and later April. Speculation that the game was cancelled is now confirmed. A representative of publisher O~3 Entertainment sent an e-mail to press today notifying them that the game will not... Read more...

To boost sluggish sales of the handheld, Nintendo falls back to the time-honored tradition of releasing new colors.

Nintendo Co. Ltd. has revealed two new shell colors for their ubiquitous DS Lite system. Metallic Rose looks almost identical to the Noble Pink color released a year ago, but Gloss Silver stands out a bit more.

These new colors would no doubt increase demand for the system beyond current levels, if that were even possible within the physical laws of the universe.

Nintendo thinks Wii "could get over 50%" of the North American console market.

As part of the Nintendo Media Summit festivities, Wired's Chris Kohler talked with George Harrison, NOA's veep of marketing and corporate communications. If you're inclined to see everything the two chatted about, you can do so here. If you're lazy (and we bet you are!) you can simply check out some of the highlights below.

It's time to party.

NINTENDO'S MARIO PARTY 8 BRINGS THE CARNIVAL TO TOWN

Nintendo is bringing the carnival to town, and this time the party is going to get players up and moving. Mario Party® 8 is the first Mario Party game for Wii™ from Nintendo, and the first in the series to incorporate motion controls.

Prepare to kreatively kill klassic kharacters on your favorite Nintendo konsole.

Midway Ships Mortal Kombat®: Armageddon™ For Wii™

Midway’s Top-Selling, Award-Winning Fighting Franchise Comes to the Wii™

CHICAGO--(BUSINESS WIRE)--Midway Games Inc. (NYSE: MWY), a leading interactive entertainment industry publisher and developer, today announced that Mortal Kombat®:... Read more...

Highlights include all the major mascots: Paper Mario, Sonic 2, and Bonk 3.

The Japanese Virtual Console lineup for June has been announced on Nintendo's website. As usual, select RPGs command a premium price. Paper Mario's appearance here is no surprise since its US counterpart was announced recently by Nintendo Power. The full list of eighteen games is found below.

One of the more popular Wii launch titles is getting a sequel that's even more zany.

Ubisoft Announces Rayman Raving Rabbids™ 2 Exclusively For Nintendo® Systems

Those Crazy Bunnies Are Back and Ready to Invade Planet Earth!

London, United Kingdom – 24 MAY 2007 – Yesterday, Ubisoft, one of the world’s largest video game publishers, announced Rayman Raving Rabbids™... Read more...

Now Han Solo can beat up Jar Jar!

It's been rumored for awhile now, but LucasArts and Traveller's Tales have now officially announced the next in the series of Lego Star Wars games. Titled "Lego Star Wars: The Complete Saga", the game features all the content from both of the original Lego Star Wars games, plus additional new content.... Read more...

Wireless guitars, and the first songs revealed!

Just When You Thought It Was Safe to Come Out, the Third Installment of Guitar Hero Rocks to a Whole New Level

SUNNYVALE, Calif., May 23 - After warming their amps in the basement garage to rocking sold out shows at Stonehenge, fans of Activision, Inc.'s (Nasdaq: ATVI) wildly popular Guitar Hero(TM)... Read more...

The big guy talks a lot of numbers, but a couple of news bits slip out along the way, including news of an online mode for Big Brain on Wii.

Though most coverage of Nintendo's media event held today is under embargo, the curtain has been lifted slightly. Thanks to a few outlets reporting news from Reggie's "keynote", Nintendo has allowed everybody to post information from the speech.

The downside is that Reggie didn't actually say... Read more...

Geometry Wars: Galaxies arrives on Nintendo's platforms this fall.

The July issue of Nintendo Power has revealed that the hugely popular Xbox Live Arcade shooter Geometry Wars: Retro Evolved is on its way to Wii and DS as Geometry Wars: Galaxies. It is reportedly being developed by "the dev team responsible for Battalion Wars", which we can only assume is Kuju Entertainment.

Site launches with an impressive list of music talent; daily updates promised.

The countdown is over. The Smash Bros. Dojo has finally relaunched and is promising daily weekday updates from this point forward. There aren't any new character announcements or videos to accompany the reopening, but there is an insight into the game's music team. Its very large, star-studded music team. Before getting to that, though, here's a rundown of what the blog-structured site has updated with.

The name will be gone, but the team behind the recent Game Boy Zelda and Kirby games will still be at Capcom.

Much like the closure of Clover Studio, Capcom has decided to put its Flagship team back under the Capcom umbrella of developers. GameSpot reports that no one will be laid off in this studio "closure," and that the only thing that will change is "the company name on [Flagship's] business cards." It is unclear if the team will stay together, or if its members will be distributed where needed on various projects.

Landlubbers can bring the At Worlds End game and a DS to Disneyland or Disney World and download some exclusive booty.

Pirates of the Caribbean Fans with a Nintendo DS™ Can Search for Hidden Treasure at Disney Parks

Disney Interactive Studios Announces Exclusive Content for Pirates of the Caribbean: At World’s End Through Walt Disney Parks and Resorts’ First-Ever Wireless Initiative

BURBANK, Calif.--(BUSINESS... Read more...